Settings8H · net · $10k
Funding arb · Price arb /

BERA

all BERA markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC+0.0148%/8hnext payment +$0.18 per $10,000 · paid last 24h −0.011%
Price spread now: Backpack against Hyperliquid−0.031%7-day average −0.027% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.151%+$15 on $10k
Price spread, last 3 days (all we have)−0.027%−$3 · spread now −0.031%, 7d avg −0.027%
Together, before fees+0.125%+ Points / potential airdropHyperliquid: Season 2 · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid BERA0.22790.0100pay 0.0013% / 1h38m 22s$2.9M$1.5M5x
ShortBackpack BERA_USDC_PERP0.22780.0248get 0.0031% / 1h38m 22s$37K$159K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against Hyperliquid. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$31.03
Price spread: −0.031% → −0.027%
−$0.41
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Backpack: 5 bp × 2 orders
−$10
Net
$11.62
Costs to cover
0.190%
Break-even
4.4 days
Slippage unknown: Hyperliquid: live order book, 12 min ago; Backpack: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 12 min ago0.22 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Backpack live order book, 2 min ago0.22 bp10.7 bp −$11doesn't fitdoesn't fitdoesn't fit

BERA on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective BERA/USDC PERP−0.4672%1h0.2143−5.972%$2K$19K12xas long as short
Coinbase International BERA-PERP-INTX−0.0384%1h0.2263−0.706%$10K$82K50xas long as short
01 Exchange BERAUSD−0.0064%1h0.2275−0.180%$4K$5K5xas long as short
Variational Omni BERA+0.0071%4h0.2274−0.205%$84K$53Kas long as short
BloFin BERA-USDT+0.0072%4h0.2277−0.092%$301K$104K75xas long as short
Orderly PERP_BERA_USDC+0.0095%4h0.2276−0.136%$9K$1K10xas long as short
Lighter BERA+0.0096%1h0.2275−0.189%$65K$94K5xas long as short
Hyperliquid BERAlong+0.0100%1h0.2279long leg$2.9M$1.5M5x
Aster BERAUSDT+0.0100%4h0.2275−0.180%$14K$30K5xas long as short
Binance BERAUSDT+0.0100%4h0.2276−0.150%$5.5M$14.4M50xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit BERAUSDT+0.0100%4h0.2273−0.268%$3.0M$4.4M25xas long as short
OKX BERA-USDT-SWAP+0.0100%4h0.2274−0.224%$1.5M$3.5M20xas long as short
Gate BERA_USDT+0.0100%4h0.2274−0.224%$338K$419K50xas long as short
MEXC BERA_USDT+0.0100%4h0.2275−0.180%$1.2M$442K20xas long as short
KuCoin BERAUSDTM+0.0100%4h0.2273−0.268%$565K$229K50xas long as short
Bitget BERAUSDT+0.0100%4h0.2275−0.180%$1.5M$1.1M50xas long as short
BingX BERA-USDT+0.0100%4h0.2276−0.136%$6.6Mas long as short
GRVT BERA_USDT_Perp+0.0100%4h0.2280+0.039%$107K$2.9M10xas long as short
ApeX Omni BERAUSDT+0.0100%1h0.2270−0.399%$35K$461K50xas long as short
SoDEX BERA-USD+0.0100%1h0.2278−0.048%$373$6K5xas long as short
Deribit BERA_USDC-PERPETUAL+0.0189%1h0.2280+0.039%$4K$64K25xas long as short
GMX BERA/USD [ETH-USDC]L +0.0206% / S −0.0592%1h0.2276−0.120%$2K100xas long as short
Backpack BERA_USDC_PERPshort+0.0248%1h0.2278−0.031%$37K$159K5x
Kraken Futures PF_BERAUSD+1.9747%1h0.2270−0.414%$52K$26K20xas long as short